In Tokyo, even the most fierce dragon is afraid of the hatchet

Next.

Nao Nagano rushed to Wall Street as agreed.

In addition to Warren Buffett, there was also the head of the company, John Weinberg, who personally received this Japanese traitor.

A discussion.

John Weinberg said: "I understand what Mr. Nagano means, but with all due respect, this seems to be a very stupid investment."

"Mr. Buffett has said this before, but it turns out that my bet paid off."

"In that case, Nagano Nao is betting that this war will end soon?"

"Yes. But rather than betting that this battle will end soon, I believe that justice will prevail and that mankind's pursuit of peace will surely defeat evil."

This statement would be correct if it was said by anyone from a victorious country.

But it sounds quite strange to hear a Japanese say this.

John Weinberg's face twitched.

But on Wall Street, there is money to be made, so of course we can't miss it.

John Weinberg nodded with a look of approval and said, "In that case, we can tailor a contract for you, Mr. Nagano, to coordinate the delivery of the registered warehouse receipts between you and the sellers of the exchange. However, in order to ensure that the agreement between the two parties can be fulfilled, Mr. Nagano needs to pay a deposit of 500 million US dollars."

"Of course this is no problem."

"please wait for a moment."

"..."

Goldman Sachs is clearly prepared.

soon.

A group of people walked in.

Turn on the projector.

The agreement and terms of the contract were displayed on the wall one by one.

Overall.

This is a put option agreement similar to a hedging transaction.

Crude oil is the underlying asset.

An agreement sales contract designed for monthly delivery.

As the buyer, Nao Nagano invested US$500 million to bear the price fluctuations in the crude oil market.

Goldman Sachs helped him coordinate crude oil quotas by registering warehouse receipts from exchanges.

If the increase in oil prices approaches the risk control line of US$500 million, Goldman Sachs has the right to exercise its risk control rights to control the market risks that Goldman Sachs may face.

A very fair agreement.

But for buyers, it is equivalent to bearing thirty times the market risk fluctuations.

After signing the agreement with each other.

John Weinberg shook hands with Nao Nagano and said with regret: "I can only say, I wish you good luck, Mr. Nagano."

"Thank you! But I'm sure you'll congratulate me soon!"

“I also want to see this ending as soon as possible.”

"..."

The problem of supply has been resolved.

This is equivalent to locking the price at $40 a barrel.

And the other side.

Iraq turned a deaf ear to the UN's call for a troop withdrawal and even began to control Kuwait's major oil-producing areas and the Gulf shipping routes.

This way.

Geopolitical conflicts are likely to evolve into a new world war, casting a huge shadow of war over the entire world.

Time flies.

One month will soon be up.

Port of Kobe.

Two large oil tankers were docked at the pier.

Shinichi Mito and several other Sumitomo presidents got off the boat and came in front of Nagano Nao.

Bow +1.

"Mr. Nakamura! The integrity and strength of the Nakamura family are so admirable. Mito apologizes for the previous neglect!"

Mito Shinichi is very serious.

bow.

But at this moment, such serious etiquette has an indescribable irony.

Despite the fulfillment of the Goldman Sachs agreement, Naoto Nagano successfully delivered the required oil with a deposit of US$500 million.

But because of the rise in oil prices, this batch of oil has become $12.2 billion.

According to the original agreement with Sumitomo.

But it's only $12 billion.

In other words, Nagano Nao suffered a loss of $200 million and took huge risks, but helped Sumitomo obtain resources for rapid expansion.

Bow +1.

"You're welcome, Mito-kun. The Nakamura family will never break their promises, so please settle the bill as soon as possible."

Nagano Nao spoke calmly, but his calm expression, in the eyes of others at this time, seemed like a last ditch effort.

If such a fool could come along, Sumitomo would probably become the most powerful conglomerate soon.

"This idiot! Still insisting at a time like this!"

"But no matter what, this guy has provided us with so many resources, so we should thank him very much."

"That's great. With these resources, we will definitely be able to defeat Mitsubishi Chemical and become the most powerful company."

"Unfortunately, even with the strength of the Nakamura family, such a good thing will not last too long!"

"Even so, we can still surpass other consortiums and own the largest oil reserves!"

"How is the progress of the new reserve warehouse?"

"Construction is speeding up!"

"With enough oil resources, if the situation gets bad, Sumitomo will become the strongest and invincible conglomerate!"

"Please work hard!"

"..."

at this time.

Nao Nao drove back home.

Haven't entered yet.

I saw several cars blocking the door.

The presidents of the Sanhe Group all looked pale and worried.

See this group of people.

Nagano Nao's first thought was to run away, but he was stopped.

"Nagano-kun! If you have any oil connections, please give priority to the Brotherhood!"

“Price is not an issue!”

"please!"

Chapter 294 304 Nagano may become the biggest winner

Why do you all like to seek death so much?

Still in a hurry to give away your lives!

Isn't it good to be alive?!

Nagano Nao was quite speechless, if it wasn't a brotherhood society, if it wasn't for the lack of money, if it wasn't for the inability to get crude oil.

These guys are desperately trying to give me money... I have to give them a good kiss.

"Um...um...did the presidents misunderstand? The oil sold under the agreement with Sumitomo this time mainly comes from NYMEX in New York, so..."

So, if you need it, you can buy it!

A group of people understood it instantly.

The existence of international crude oil futures exchanges is mainly for sellers and buyers to hedge and offset risks.

Oil companies under the flags of oil-producing countries such as Saudi Arabia and Kuwait.

When the oil price rises to a certain level and the profit is considered good, a sell position will be established in the forward market to lock in the profit in advance.

Prices fall and the forward market makes money.

As prices rise, spot exports can make more money.

Maruzen Oil, Comers Oil, Sekisui Chemical and other natural buyers will also conduct hedging transactions on the international crude oil exchanges to avoid systemic risks in the crude oil market and lock in certain crude oil prices.

I thought Naoio Nagano had some oil connections and could sign a long-term, stable contract, but if the delivery was based on the WTI agreement, it would be meaningless.

"So this is ah."

"But the international situation is unclear right now. Is Nagano-kun taking too much of a risk?"

"The intelligence department received some information earlier. After analysis, it is possible that... Iraq's war against Kuwait will turn into a new world war."